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Higher Ed in the News

ASU and Penn team up on technology transfer

January 9, 2009

The University of Pennsylvania and Arizona State University are teaming up on technology transfer in a three-year experiment that will allow each to take advantage of the other's expertise in commercializing the findings of their researchers.

The two universities have established a formal schedule that sets out how they will split income, depending on how much each university does for the other.

Universities often work together on technology-transfer projects when faculty members’ research collaborations produce jointly owned inventions. But this kind of collaboration between two unrelated American universities is uncommon.